CNBC Daily Open: AI trade frenzy seems driven by a ‘virtuous’ cycle
Jensen Huang, CEO of Nvidia, attends a press conference after the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, ...
Tag: Oracle Corp
Microsoft AI chief says only biological beings can be conscious
Mustafa Suleyman, CEO of Microsoft AI, speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters ...
Amazon stock soars 10% as earnings beat estimates, company posts strong cloud growth
Amazon shares jumped more than 10% in extended trading Thursday after the company posted third-quarter earnings that exceeded expectations, along ...
Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on ...
Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a ...
$500 purple cables put this little-known company in the middle of the AI boom
A demo setup of racks of AI servers connected with Credo cables, displayed at the Open Compute Summit in San ...
Oracle stock rises as company confirms Meta cloud deal
Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. ...
OpenAI’s latest deals show an aggressive pivot to control every part of its business
Sam Altman didn't set out to compete with Nvidia.OpenAI began with a simple bet that better ideas, not better infrastructure, ...
Oracle Cloud to deploy 50,000 AMD AI chips, signaling new Nvidia competition
Oracle Cloud Infrastructure on Tuesday announced it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half ...
Disney has considered a co-CEO structure to replace Bob Iger. Its history may make that a bad idea
Dana Walden and Josh D'Amaro.Michael Buckner | Errich Petersen | Getty ImagesAs 2025 enters its final months, Disney inches closer ...
